Material Damage And Business Interruption Insurance

Al Alamiya remains one of the most active commercial insurers in the region. First class security, a strong corporate governance structure, underwriting and claims excellence plus strong risk management capability have ensured that we are actively involved in many of the spectacular enterprises that Saudi Arabia is renowned for.

For example:

The traditional Fire and Allied Perils cover or the more extensive Property All Risk cover.

Due to a claim on the material damage policy, the business may also suffer a revenue shortfall with a loss of business opportunities. The Business Interruption policy that makes good the loss of Gross Profit and/or pays for additional increased cost of working necessary to prevent a reduction in turnover resulting from any of the contingencies covered by a corresponding Material Damage policy.